Austria’s security of supply, in terms of unexpected power interruptions, was broadly unchanged year-on-year in 2006, according to the latest report published by regulator E-Control.The regulator...

The British population remains supportive of nuclear power with two thirds believing nuclear will form part of the country’s future energy mix alongside coal, gas and renewables, according to a poll...

Chris Leeds, head of emissions trading at Merrill Lynch, will join Barclays Capital’s (Barcap) carbon desk within the next few weeks, a spokesman at Barcap confirmed on Wednesday.Leeds will be...

International commodity trading company Vitol has joined the French Day-ahead platform operated by Powernext, the exchange said on Wednesday. This is the company’s first foray into the European power...

Czech electricity grid controller Ceps plans to launch Intraday cross-border capacity trading with German TSO Vattenfall Europe Transmission at the end of September. It might follow suit with another...

Germany’s Dresdner Bank has applied for a British gas shipper licence, regulator Ofgem said on Wednesday. The company set up a gas trading desk in London this summer and plans to start at the NBP. It...

Eon is continuing to enhance its renewables business with a plan to build a new wind farm 8 km off the Yorkshire coast. The proposed Humber Gateway Offshore Wind Farm would consist of 83 turbines,...

French companies that qualify for emissions trading under NAP II (2008-2012) now know exactly how many allowances they will receive for phase II of the scheme, an official at the Ministry of...

Gaz de France (GDF) posted net profit of EUR 1.51 billion in the first six months of 2007, down 11% year-on-year from EUR 1.70 billion in the first six months of 2006. The fall was predominantly...

German energy exchange EEX is continuing to spin off its business divisions into independent units, the bourse announced on Thursday. A new company for spot power trading, EEX Power Spot GmbH, will...

The Mibel monthly report for June, released on Wednesday, has shown a month-on-month decrease in volumes traded on the Spanish and Portuguese spot market (Omel), while trade on the futures market...

The summer looks to be finishing strongly in Italy after the country has been long nearly all season. Although the PSV was extremely quiet and many traders are still on holiday, September traded on...

Italian storage operator Stogit announced another week of negligible injection flows on Tuesday, as stocks edge nearer to maximum capacity. Italian stocks stood at 89.14% fullness in the week to 27th...

Italian power incumbent Enel has appointed Dominique Fache as its new country manager and chief operations officer for Russia and CIS, the company said on Wednesday.Fache, who has extensive...

Norwegian reservoir levels were unchanged at 93.8% fullness in Week 34, according to the latest data from the Nordic power exchange, Nord Pool. The levels are now 35.0 percentage points above where...

Statoil has found up to 15 billion cubic metres of gas (15 Gm3) at the Midnattsol [Midnight Sun] prospect in the Norwegian Sea, according to preliminary estimates from the Norwegian Petroleum...

Suez reported a net profit of EUR 1.9 billion on Thursday for the first half of 2007, down 13% year-on-year due mainly to a lower disposal rate. Excluding the net impact of disposals, the group’s...

Swiss hydropower reservoir levels remained more or less stable in Week 35 (21st-27th August) falling 0.1 percentage points to 87.1% fullness, according to the country’s federal energy office BFE. The...

Bridestones Developments, the UK-based company behind a planned 380 MW CCGT in Yorkshire, UK has applied for an electricity generation licence under section 6 (1)(a) of the Electricity Act 1989....

The US gave on Wednesday its closest indication to date of participating in a post 2012 greenhouse gas emissions target at the UN’s climate change conference in Austria, although it fell short of...